@Nithin0dha ULIPs are promoted by Banks. There is a massive marketing infra built for it. The moment an employee applies for a loan, the same guy sells ULIPs. Visit a bank, they sell ULIPs to every single customer. Plus LIC. I mean, which family doesn't have an LIC :)
April results from our 1-lot option buying algos - gross:
Sensex Buy: approx. ₹66,000
Nifty Buy: approx. ₹10,000
Hard to ignore, isn’t it?
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